Morgan Stanley Initiates Coverage On British American Tobacco with Overweight Rating, Announces Price Target of $38
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Rashad Kawan has initiated coverage on British American Tobacco (NYSE:BTI) with an Overweight rating and a price target of $38.
November 01, 2023 | 2:50 pm
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British American Tobacco has been given an Overweight rating by Morgan Stanley, with a price target of $38.
The Overweight rating from Morgan Stanley indicates a positive outlook for British American Tobacco. The price target of $38 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100